FG DISMISSES ELECTRICITY TARIFF HIKE RUMOURS, PROMISES FOCUS ON BETTER POWER SUPPLY

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By NaijaParrot October 16, 2026 

 ABUJA, NIGERIA — The Federal Government has reiterated that it has no plans to increase electricity tariffs nationwide, urging Nigerians to disregard reports suggesting that a fresh hike is imminent. The Minister of Power, Joseph Tegbe, gave the assurance on Thursday, October 15, while speaking in Ibadan, Oyo State, at the groundbreaking ceremony for five interconnected mini-grid projects designed to expand electricity access. Tegbe said the administration’s priority was to improve electricity supply, strengthen infrastructure and make power more reliable for households and businesses rather than introduce additional tariff increases. 

 The minister said the government was working towards a power sector capable of delivering electricity around the clock. He urged Nigerians not to be misled by reports of a planned tariff increase, stressing that the government was concentrating on improving the availability and reliability of electricity across the country. According to Tegbe, the administration intends to strengthen generation, transmission and distribution infrastructure while addressing persistent challenges affecting electricity delivery. He also highlighted plans to improve the national grid through strategic energy corridors, including Lagos–Ogun, Abuja–Kaduna–Kano and Benin–Enugu–Port Harcourt.

The minister’s announcement coincided with the launch of five interconnected mini-grid projects in Oyo State, with a combined generation capacity of 17.7 megawatts and a battery energy storage system rated at 17.74 megawatt-hours. The projects are located in Bola, Jiboye, Molade-Adelubi, Ogo Oluwa and Sooko-Elega, covering communities in Akinyele, Ido, Ibadan North, Egbeda and Lagelu local government areas. The initiative is expected to improve electricity access for homes and businesses, reduce dependence on petrol and diesel generators, and support economic activities in the beneficiary communities. The Rural Electrification Agency, Paras Energy and Natural Resources Development Limited, the World Bank and the Ibadan Electricity Distribution Company are among the stakeholders involved in the project. 

 The government’s latest assurance comes amid public concerns about electricity costs, unreliable supply and the financial pressures facing households and businesses. Although the minister has ruled out a planned tariff increase, consumers will continue to expect improvements in the quality and consistency of electricity supply. For many households and businesses, the cost of operating generators remains a significant expense, making reliable public electricity an important factor in managing daily living and operating costs. The success of the government’s plans will therefore depend not only on new infrastructure but also on how effectively improvements translate into more dependable electricity for consumers across the country. For now, the Federal Government maintains that a tariff increase is not on its agenda and says its immediate focus is on strengthening electricity supply. 

 NaijaParrot — Hear It First, Hear It True!

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